Marriott Vacations Worldwide Corporation ( (VAC) ) has released its Q2 earnings. Here is a breakdown of the information Marriott Vacations Worldwide Corporation presented to its investors.
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Marriott Vacations Worldwide Corporation, a leader in the global vacation industry, specializes in vacation ownership, exchange, rental, and resort management services, maintaining exclusive partnerships with renowned hotel brands.
In its second quarter of 2025, Marriott Vacations Worldwide reported robust financial results, with consolidated contract sales reaching $445 million, and a net income of $69 million, reflecting the company’s strong market position and effective business strategies.
Key financial metrics highlighted include an adjusted net income of $77 million, adjusted EBITDA of $203 million, and a segment adjusted EBITDA margin of 29.8% for the Vacation Ownership segment. Despite a slight decline in consolidated contract sales and a decrease in VPG, the company saw a significant increase in tours, indicating growing consumer interest. The Exchange & Third-Party Management segment experienced a decrease in revenues and adjusted EBITDA, attributed to lower revenue at Interval International.
The company ended the quarter with $799 million in liquidity and reiterated its full-year guidance, projecting adjusted EBITDA between $750 million to $780 million. The management remains optimistic about achieving $150 million to $200 million in annualized adjusted EBITDA benefits from its modernization program by the end of 2026.
Looking ahead, Marriott Vacations Worldwide is well-positioned to capitalize on the continued prioritization of travel by leisure consumers, with a strong focus on enhancing operational efficiencies and delivering value to its stakeholders.